Globally, corporations spend about 370 billion dollars on L&D each year. With such huge investment, L&D professionals are under pressure to employ training methods that deliver a tangible ROI. That is why many corporations have turned to microlearning application.
Definition of microlearning?
Microlearning is essentially a comprehensive approach to skill-based learning and education that focuses on short learning units. It entails short-term tactics geared for skill-based understanding/learning/education. It reduces a skill or idea to its most basic components and only teaches those. Information overload often results in poor retention and engagement in learning and development, and all-day training sessions are becoming obsolete. Microlearning chops these sessions down into smaller, more palatable bits, leading to better retention and engagement. Everything about microlearning is shorter, faster, and more focused than standard long-form learning approaches. Microlearning facilitates learning and ensures that workers are well-trained.
Microlearning is becoming more popular in all sectors. It is forecasted businesses will spend more and more money on this solution in the future. Research by researchandmarkets.com reveals the Microlearning sector as a whole is expected to hit USD 2.7 billion by 2024.
Read more: Why Corporate E-learning Is the Future of Organizational Training?
Challenges Faced by Corporate Learning
1. Winning attention, reducing distractions, and increasing engagement.
With less accountability behind a screen, learners must hold themselves accountable. They must mentally agree to devote their attention to your instruction because they comprehend how it will improve their job. To accomplish this, learners must align their goals and level-set frequently so that they stay engaged.
2. Different generations operate together.
Much has been talked about the millennial generation and how they are comfortable with online learning and development. This group responds well to learning approaches like microlearning and augmented reality. You must, however, consider older employees.
3. Keeping a Sharp Mind.
Employees may struggle to finish training courses if they are not ‘top of mind’ during work hours, even if they are motivated to make time for training and access the resources to make it all happen. Training, then, must become a part of their everyday routine—but not in an intrusive or vexing manner.
Benefits of microlearning application for effective learning experience
- Improved information retention – According to recent research by the Dresden University of Technology, brief content has a 20% higher knowledge retention rate than long-form content.
- Improved completion rate – Microlearning research has discovered that combining bite-sized learning with smartphones increases completion rates. When businesses adopt microlearning LMS as part of their training, completion rates climb from as low as 15% to as high as 90% or more.
- Helps close skill gaps – Short doses of focused content are ideal for just-in-time learning. It guarantees that trainers focus on one learning outcome at a time, allowing learners to close knowledge or skill gaps.
- Better engagement – Modern learners use technology in practically every aspect of their life, including banking, shopping, and so on. These technologically adept beings like learning when information is involved and incorporated in clever ways. Microlearning LMS engages and captures their attention as it is readily available and enjoyable to engage with.
- Helps save time and expense – Businesses that use microlearning to train staff can create a training program in a fraction of the time and at a fraction of the expense. Businesses that spend efficiently in L&D can expect to see a 24% increase in profit margins each year.
- Provides on-the-spot feedback – Tracking and generating reports is simple in microlearning LMS when compared with other forms. It improves internal communication by delivering quick on-the-spot feedback to your staff. When employees receive feedback for their work performance, they can review their performance and avoid mistakes in the future.
Read more: How Does an Enterprise LMS Software Enable Market Success for Businesses Today?
How Skill Lake helps create a better learning culture
Modern workers seek personalized, social learning experiences that will help them advance in their careers. With 76% of employees expressing a desire for advancement prospects, microlearning is the ideal solution.
Skill Lake offers improved accountability, increased learner engagement, content authoring and library, learner dashboard, and user management. These key features make Skill Lake inimitable when compared to the competition.
With Skill Lake LMS,
- Learners get the freedom to learn whatever they want, whenever they want.
- Access learning tools, including videos, infographics, gamification in LMS, and social learning.
- Unlock powerful, lightweight, and distraction-free content-authoring tools for creating mashups, assessments, and tests.
- Broaden your employee’s knowledge without severely disrupting their workflow – and even adopt new skills
Because of the massive increase in smartphones and the emergence of millennials in the workplace, Skill Lake can be the ideal learning management system software as the system supports anywhere – anytime learning. Skill Lake’s versatility in delivering individualized learning ensures that everything remains relevant and focused for your learners.
To know more about Skill Lake and its exciting features, reach out to our team today!
Ashmitha Chatterjee
Ashmitha is a learning and development enthusiast who shares her insights on e-learning. She loves to create engaging and informative content and is dedicated to helping people learn and grow through her deep expertise in the field.